Hess/HES

$158.11

1.15%
-
1D1W1MYTD1YMAX

About Hess

Hess Corporation is an exploration and production (E&P) company. The Company is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids, and natural gas with production operations located in the United States (U.S.), Guyana, the Malaysia/Thailand Joint Development Area (JDA) and Malaysia. The Company operates through two segments: E&P and Midstream. The E&P operating segment explores for, develops, produces, purchases and sells crude oil, NGL and natural gas. The Midstream operating segment provides fee-based services, including gathering, compressing and processing natural gas and fractionating NGL; gathering, terminating, loading and transporting crude oil and NGL; storing and terminating propane, and water handling services primarily in the Bakken shale play of North Dakota. The Company conducts exploration activities primarily offshore Guyana, in the U.S. Gulf of Mexico, and offshore Suriname.

Ticker

HES

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

John Hess

Employees

1,756

Headquarters

New york, United States

Hess Metrics

BasicAdvanced
$48B
Market cap
24.03
P/E ratio
$6.52
EPS
1.20
Beta
$1.75
Dividend rate
1.12%
Dividend yield
$48B
1.20294
$167.75
$124.27
2.6M
$1.75
1.228
1.099
86.806
89.988
26.84%
7.79%
10.19%
22.31%
11.84%
24.025
4.232
4.893
5.079
1.3%
1.12%
1.12%
-0.11%
-0.43%
31.08%
20.51%

What the Analysts think about Hess

Analyst Ratings

Majority rating from 17 analysts.
Hold

Price Targets

Average projection from 15 analysts.
10.73% upside
High $212.00
Low $145.00
$158.11
Current price
$175.07
Average price target

Hess Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
29.37% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$3.3B
9.9%
Net income
$972M
135.35%
Profit margin
29.37%
114.22%

Hess Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 89%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.65
$1.64
$1.63
$3.16
-
Expected
$0.50
$1.12
$1.44
$1.67
$2.22
Surprise
29.54%
46.58%
13.02%
89%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Hess stock?

Hess (HES) has a market cap of $48B as of May 20, 2024.

What is the P/E ratio for Hess stock?

The price to earnings (P/E) ratio for Hess (HES) stock is 23.96 as of May 20, 2024.

Does Hess stock pay dividends?

Yes, the Hess (HES) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $1.75 and the yield is 1.12%. Hess has a payout ratio of 26.84% on a trailing twelve-month basis.

When is the next Hess dividend payment date?

The next Hess (HES) dividend payment is scheduled for June 28, 2024.

What is the beta indicator for Hess?

Hess (HES) has a beta rating of 1.2. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Hess stock price target?

The target price for Hess (HES) stock is $175.07, which is 10.73% above the current price of $158.11. This is an average based on projections from 15 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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